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Tag: Exchanges

An exchange is a platform that allows you to trade digital assets.

How far does the FTX contagion go?

Just as 2021 will be recognized as the year institutional money began to enter the crypto world, 2022 will surely be infamous for the seemingly endless list of problems and bankruptcies in the crypto world.  When it came out that Sam Bankman-Fried, the founder of FTX, had taken $10 billion off of FTX’s balance sheet to fix a problem at his sister quantitative trading firm, Alameda Research, the cryptomarkets became very unstable. Until...

Cryptocurrencies, Exchanges, Front page, FTX, News, Sam Bankman-Fried

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“I F*cked Up,” Declares FTX’s Founder

According to Sequoia Capital, Bankman-Fried, 30, CEO of FTX crypto exchange, was ready to become the world’s first “trillionaire.” This week, FTX openly crumbled. Three days before, the letter said that “a rival is attempting to use fake information against us,” presumably targeting Binance. Before removing it, he tweeted, “FTX is ok and assets are fine.” Later, the biggest cryptocurrency exchange...

$FTT, Binance, Crypto regulation, Exchanges, Front page, FTX, News

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The FTX loss erodes faith in the crypto community

On Tuesday, the cryptocurrency market went down because there were rumors that cryptocurrency exchange FTX might go bankrupt and questions about the health of its sister company, Alameda Research. When Binance founder Changpeng Zhao announced over the weekend that the business would liquidate its $FTT holdings, investor confidence was rattled. Multiple on-chain data sources show that clients of FTX, the third largest crypto exchange by volume,...

Binance, Crypto market, Cryptocurrencies, Exchanges, Front page, FTX, News

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Changpeng Zhao: looking at possibly owning banks

During an interview done by the Bloomberg team at the Web Summit conference in Lisbon, Zhao said that he is willing to make minority investments or pursue outright acquisitions in order to reach the previously stated objective. Changpeng Zhao, CEO and founder of Binance, said that he is contemplating purchasing banks in an effort to further bridge the gap between conventional banking and cryptocurrency. “There are individuals who possess...

Binance, Elon Musk, Exchanges, People in crypto, Twitter

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A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023

Insights and educational speeches from experts about blockchain are provided in this presentation.  [Singapore] Marina Bay Sands Convention Center, Singapore, the place that has been chosen by FINEXPO to hold Blockchain Fest 2023. The event will be held on February 16-17, 2023, starting at 10 AM Singapore time until 6 PM. Blockchain Fest Singapore is one of the most interactive events in Southeast Asia about Blockchain, Exchanges, Cryptocurrencies,...

Blockchain, Crypto gambling, Crypto Mining, DeFi, Exchanges, Fintech, GameFi, NFTs

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